Top Page
Stanmore Resources Ltd
(Sydney:SMR)
Stanmore Resources Ltd (SMR) vs. S&P 500 (SPY)
Stanmore Resources Ltd Business Overview & Revenue Model
Stanmore Resources Ltd Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 2.40B | 4.22B | 3.89B | 377.45M | 300.19M | Gross Profit |
| 2.00B | 3.86B | 2.75B | 283.65M | 32.91M | EBIT |
| 0.00 | 777.90M | 1.35B | 28.38M | -10.77M | EBITDA |
| 699.70M | 1.06B | 1.59B | 48.50M | 19.70M | Net Income Common Stockholders |
| 191.50M | 472.40M | 961.87M | 7.55M | -8.14M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 288.90M | 446.30M | 637.62M | 62.72M | 5.04M | Total Assets |
| 3.20B | 3.61B | 5.13B | 462.42M | 312.75M | Total Debt |
| 672.30M | 775.70M | 1.27B | 104.12M | 29.25M | Net Debt |
| 383.40M | 329.40M | 636.73M | 41.40M | 24.21M | Total Liabilities |
| 1.37B | 2.98B | 3.17B | 300.12M | 160.31M | Stockholders Equity |
| 1.83B | 2.57B | 1.97B | 162.30M | 152.44M |
| Cash Flow | Free Cash Flow | |||
| 222.00M | 818.96M | 1.53B | 65.95M | -29.40M | Operating Cash Flow |
| 0.00 | 1.08B | 1.70B | 127.50M | -15.70M | Investing Cash Flow |
| -249.80M | -379.42M | -2.45B | -97.13M | -13.70M | Financing Cash Flow |
| -314.90M | -679.17M | 1.31B | 27.45M | 2.20M |
Stanmore Resources Ltd Technical Analysis
Stanmore Resources Ltd Peers Comparison
Stanmore Resources Ltd Earnings Call Summary
Stanmore Resources Ltd Corporate Events
Stanmore Resources Limited has released an updated Reserves Statement for its Isaac Downs Extension Project, confirming 52 million tonnes of ROM coal reserves, which includes 34 million tonnes of marketable coal reserves. The project is expected to have a lifespan of over 20 years, producing up to 4 million tonnes per annum, and benefits from existing infrastructure, requiring low capital investment. The declaration of reserves under the JORC Code is a significant milestone, enhancing confidence in reserve definition and maximizing shareholder returns.
Stanmore Resources Ltd has announced a change in substantial holding, as Regal Funds Management Pty Ltd and its associates have ceased to be substantial holders in the company. This change in voting interests may impact Stanmore Resources’ shareholder dynamics and influence future corporate decisions.
Stanmore Resources Ltd reported maintaining its saleable production levels despite significant rainfall challenges in the first quarter of 2025. The company has adjusted its full-year cost and capital expenditure guidance downward, reflecting cash preservation efforts amidst economic and coal price uncertainties. The release of the maiden JORC compliant Reserves for the Isaac Downs Extension Project underscores the project’s long-term benefits. Safety performance improved with no serious accidents reported for three consecutive quarters, and the company continues to align its operations with legislative changes to ensure compliance and proactive risk management.
Perpetual Limited and its related bodies corporate have become substantial holders in Stanmore Resources Ltd, acquiring a 5.553% voting power with 50,056,970 ordinary shares as of April 23, 2025. This acquisition signifies a strategic investment in Stanmore Resources, potentially impacting the company’s market positioning and signaling confidence in its operations and future prospects.
Stanmore Resources Limited announced an upcoming Investor Call on April 29, 2025, to discuss its March 2025 Quarterly Activities Report. The call, led by CEO Marcelo Matos and CFO Shane Young, will provide insights into the company’s recent performance and strategic direction, potentially impacting its operations and market positioning.
Stanmore Resources Ltd has announced a change in the interests of a substantial holder, Regal Funds Management Pty Limited and its associates, in the company’s voting securities. The notice indicates a decrease in voting power from 7.57% to 5.92%, reflecting a shift in the control of shares. This change may impact the company’s stakeholder dynamics and influence its market positioning.
Stanmore Resources Ltd has released its Sustainability Report for 2024, highlighting its commitment to sustainable practices and operational improvements. The report outlines key milestones achieved in sustainability, including advancements in health, safety, and environmental management. The company emphasizes its strategic approach to climate governance, risk management, and community engagement, aiming to enhance its industry positioning and deliver economic benefits to local communities.
Stanmore Resources Limited has released its 2024 annual report, detailing its operations and financial performance. The report highlights the company’s strategic focus on efficient mining operations and development opportunities within Queensland’s coal-rich regions. This positions Stanmore Resources as a significant player in the metallurgical coal market, potentially impacting stakeholders by reinforcing its market presence and commitment to shareholder value.
Stanmore Resources Limited has announced the details of its upcoming Annual General Meeting (AGM), scheduled for May 21, 2025. The meeting will be conducted as a hybrid event, allowing shareholders to participate either in person or virtually. The company emphasizes the importance of shareholder participation and provides detailed instructions for attending and voting. The AGM will cover various business items, and shareholders will have the opportunity to ask questions, although time constraints may limit the number of questions addressed. This meeting is a key event for stakeholders to engage with the company’s management and discuss its strategic direction.
Stanmore Resources Limited has announced its 2025 Annual General Meeting will be held on May 21, 2025, with director nomination closing on March 27, 2025. This announcement is part of the company’s ongoing governance and operational planning, potentially impacting its strategic direction and stakeholder engagement.
Stanmore Resources Ltd has updated its previous announcement regarding the dividend distribution for its ordinary fully paid shares. The update includes the notification of the currency exchange rate for the dividend, as published by the Reserve Bank of Australia on the record date. This update is significant for stakeholders as it provides clarity on the financial aspects of the dividend distribution, which relates to the financial period ending on December 31, 2024.
Stanmore Resources Limited has released its Corporate Governance Statement for the period ending 31 December 2024. The statement, approved by the Board, outlines the governance framework adhering to the ASX Corporate Governance Principles and Recommendations. The Board comprises both independent and non-independent directors, reflecting the significant shareholding of Golden Investments (Australia) Pte Ltd. This structural detail highlights the company’s commitment to transparency and accountability in its governance practices.
Stanmore Resources Ltd has announced a new dividend distribution, amounting to USD 0.067 per share, related to the financial period ending December 31, 2024. This distribution reflects the company’s financial strategy and may impact shareholder returns positively, with the payment scheduled for March 13, 2025.
Stanmore Resources Ltd has released its 2024 full-year financial results, presenting estimates of its ore reserves and mineral resources in accordance with the JORC Code. The company confirms there are no new material changes to these estimates and continues to uphold the assumptions and technical parameters presented in their earlier announcements.
Stanmore Resources Ltd has reported a record production year in 2024, driven by strong performances at Poitrel and South Walker Creek, leading to higher sales and lower cash costs. Despite a moderation in coal prices, the company achieved an underlying EBITDA of US$700 million and maintained strong shareholder returns with total distributions of US$100 million. Additionally, the company has focused on future positioning through the refinance of debt facilities and strategic acquisitions, including the Eagle Downs Project and the development of the Isaac Plains Complex, which have resulted in increased reserves and resources.
Stanmore Resources Limited announced an upcoming Investor Call on February 24, 2025, to discuss its 2024 Annual Report and Full Year Results. This event provides stakeholders with insights into the company’s performance and strategic direction, reinforcing its commitment to transparency and engagement.